Study and Evaluation of the Competitiveness Potential of the Organizations in the Construction Industry

Polovnikova, Nadezhda; Chepachenko, N. V.; Yudenko, M. N.

doi:10.4028/www.scientific.net/msf.931.1178

Cited by 8 publications

(4 citation statements)

References 4 publications

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“…At the stage of capital planning, provisions in the scheduled duration and cost of the ICP stages are made, at which the Provisioning mechanism is to be applied, i.e., an emphasis is made on two back up resources, the cost and the duration. Basing on the reactive paradigm, the authors of [20,21] have interpreted the Risk Acceptance as acceptance of «…additional costs» [22], i.e., only in a single component of consequences -changing the cost of ICP. The consequences of business risks set forth above (para 2.1) expand the risk management field, including schedule dates as the subject of management.…”

Section: Resultsmentioning

confidence: 99%

Proactive mechanisms for response to risks of business entities engaged in investment and construction activities

et al. 2021

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Basing on the extensive analysis of both native and foreign scientific publications, the authors have concluded that the problem of classifying risks and factors of their occurrence, and the risk assessment, as well, is well-publicized. In some works, strategies are proposed to mitigate consequences of the onset of risks by creating reserves. However, all of them are mechanisms of the management response during implementation of an investment and construction project, i.e., the reactive position. The article proposes to move from a reactive to a proactive position, which essence is to implement the goal set by the investor, regardless of the conditions, circumstances, and the likelihood of the manifestation of internal or external negative impacts. This problem is solved by the Business Impact Analysis (BIA) method, which logic is only in assessing the fact of breaching contracts by the subjects, but not the frequency of occurrence of events causing risks. The method used does not consider or observe the content of various events, their cause-and-effect relationships, but the only fact of nonfulfillment of the contract terms in relation to duration or estimated cost by a business entity implementing investment and construction projects.

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Section: Resultsmentioning

confidence: 99%

Proactive mechanisms for response to risks of business entities engaged in investment and construction activities

et al. 2021

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“…Study and evaluation of the competitiveness potential of the organizations in the construction industry is. The methodological approach to assessing the competitiveness potential of the organizations has been substantiated; this allows increasing the efficiency of managing the competitiveness process [9]. Approaches to the formation of the international competitive potential of an enterprise based on Industry 4.0 are proposed [10].…”

Section: The Concept Of the Potential Of Internationalization Of The mentioning

confidence: 99%

Intellectualization of the Phased Assessment and Use of the Potential for Internationalizing the Activity of Clusters of Cultural and Creative Industries of the Baltic Sea Regions

Prokopenko¹,

Omelyanenko²

2020

TEM Journal

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The cultural and creative industries sector is an essential driving force of the Baltic Sea Region economy. This article presents a methodology for intellectualization, including phased assessment and use of the potential of internationalization of the clusters. It provides suitable templates of the estimation that can gradually improve the quality of the evaluation with the amount of available information. The methodology ensures transparency of the analysis and decision-making process. The presented methodology can be easily adapted to assess the potential of internationalized clusters in other sectors of the economy. Similarly, the potential of internationalization of cluster activities' concept is determined.

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“…This makes the construction sphere a number one domestic consumer of the Russian raw materials. The competitiveness/monopolization index of the Russian construction market is worse than that of the comparable EU markets [2], which in turn affects the cost of construction (10.3 euro for 1 sqm) [3]. We examine the cost of land and its infrastructure and innovation in determining the cost of construction [4].…”

Section: Introductionmentioning

confidence: 99%

The practical barriers to kickstarting the innovation and investment in the sphere of construction in Russian Federation

et al. 2021

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We have identified the main issues in introducing innovation into a construction project. The solution is realized through the study of both objective and subjective obstacles to the introduction of the innovative technologies in the investment - construction cycle, which is treated as a single process, because the economic effects of innovation can be evaluated only within the full life cycle of a building. We created a highly interconnected financial model of the compounding effects of innovation in the construction industry. We present the Russian construction market’s challenges and feedback loops in innovation by using graph theory and complex analysis. The article presents the method developed in the scientific school «Methodological problems of the economic effectiveness of regional construction clusters as a self-ordering system» that shows the algorithmic consistency and transparency of evaluating the effectiveness of the innovations. The described method can be used in a large array of scientific and theoretical tasks: from the replication of the method to other types of economic activity to the synthesis of methods and models for identifying key areas of innovation activity. It can also be used to build a method for assessing the innovative potential of a project.

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Study and Evaluation of the Competitiveness Potential of the Organizations in the Construction Industry

Cited by 8 publications

References 4 publications

Proactive mechanisms for response to risks of business entities engaged in investment and construction activities

Proactive mechanisms for response to risks of business entities engaged in investment and construction activities

Intellectualization of the Phased Assessment and Use of the Potential for Internationalizing the Activity of Clusters of Cultural and Creative Industries of the Baltic Sea Regions

The practical barriers to kickstarting the innovation and investment in the sphere of construction in Russian Federation

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